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to u.s. leaders negotiating over the so- called fiscal cliff about the serious financial impact looming on the horizon. that's where we begin this morning. how confident are you about the state of the u.s. economy? what steps are you taking to prepare for the potential impact if the u.s. goes off the fiscal cliff? give us a call this morning. you can also catch up with us on all your favorite social media sites, twitter or facebook. or e-mail us. thismorning to you on wednesday, november 21. we are talking about federal reserve chairman ben bernanke's comments yesterday about the fiscal cliff, and getting your thoughts on bthe u.s. economy. and this headline -- also, in the financial times -- to tell little bit more about ben bernanke's , and sister day we turn to david clarke of "politico," their financial services editor. thanks for joining us. guest: thanks for having me. host: what is making the most waves from his speech? guest: in the past he has warned that congress and the president's path to take care of the fiscal cliff. yesterday he said it is not simply doing it but how they
. >>> glad to have you with us on this edition of "newsline." asia pacific leaders set their sights on an ambition goal, creating a trading block with an output of $20 trillion. a total population of about 3.4 billion people. the leaders of 16 countries have agreed to start negotiations in the new year. the heads of the association of southeast asian nations met in cambodia's capital. the leaders of six regional partners including japan, china, and india joined them at the summit. they issued a joint kmun ka that said they hope to reach agreement by the end of 2015. leader from japan, china, and south korea agreed to start talking on a free trade agreement of their own. they said they would put aside the territorial disputes between japan and the two other nations. japanese officials want to ease restrictions to give them more access to their neighbor's economies. chinese and south korean officials have already begun talks on a free trade deal between their countries. now negotiators involved in discussions for another free trade zone in the asia pacific say they hope to conclude an
before when the early voting numbers look good for us. >> you thought it long before the election. i know that. [laughter] >> but i was pretty sure -- >> how long? could he have one after the first debate or where the forces in motion? >> sure, absolutely he could have one. -- won. it was competitive the entire way. i think governor romney could have one up until the end. i always believe in the fundamental truth, we were building the best grass roots campaign in modern political history. we had the best candidate and the best message. >> in a way, the story of this election is the degree to which replicated the 2008 results. many people thought that 2008 was a once-in-a-lifetime result. you came very close to replicating it. i think the most fascinating statistic is african-americans in ohio, 11% of the electorate, 15% this time. you found 200,000 more african- american voters who turned out for you. mitt romney lost the state by 103,000. that was the election, right there. finding those extra african american voters. >> let me back up. we won this election because of barack obama. peopl
can do if the u.s. heads into recession because of the fiscal cliff, bernanke says, not much. >> in the worse case scenario, where the economy goes off the broad fiscal cliff, the largest fiscal cliff, which, according the c.b.o. and our analys, would send the u.s. economy into recession, i don't think the fed has the tools to offset that. >> susie: members of the audience agreed. >> he was very frank in saying, you know, "we can try," he essentially said, "we will try, but we don't have anything in our arsenal that comes close." >> susie: bernanke is already using the weapons in his arsenal to fix the job market, which he said today is still "unhealthy". he also repeated the fed's plan to keep interest rates super low at least into 2015. >> we will want to be sure that the recovery is established before we begin to normalize policy. we hope that such assurances will reduce uncertainty and increase confidence among households and businesses. >> susie: but bernanke gave no hints on when americans can expect to see higher rates. >> the further we go down the road, the question
minister and the u.s. secretary of state. the truce calls for an immediate halt to the fighting and reportedly aims to work towards a longer-term solution as well. >> the latest escalation in violence began just over a week ago. since then, some 140 palestinians and five israelis have been killed in air strikes and rocket attacks. >> we will be trying to go live to cairo and also to gauze in a moment, but first, let's get back to evens earlier in it -- earlier in the day that threatens to derail the talks -- we will be trying to go live to cairo and also to gaza in a moment. >> panic on the streets of televisa. ambulances rushed to the scene of the explosion. -- panic on the streets of tel aviv. the bus was burned out but not torn apart, suggesting it may have been a relatively small bomb. israel is calling this a terrorist attack. >> hamas is a murderous organization, an organization that calls for israel's destruction. anyone who negotiates with them and the prime minister's holding talks with the americans, should know who sits there in gaza, and the need to hit them in those
them. i'm afraid the details haven't been shared with us. >>> hillary clinton joins egypt in attempting to broke aerodeal between israel and hamas. strikes on gaza and rocket attacks into israel continue. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> all right, we're into hump day, the day before thanksgiving, of course, as well. on today's show, we'll have updates from athens and brussels as the eurozone ministers fail to ruse a deal for greece. air strikes and rocket fire continue in the gaza strip in tel aviv, as hillary clinton urges both sides to diffuse violence. we'll have the latest live from zree israeli. we'll also take the pulse of the polish country. analysts from warsaw 40 minutes from now. >>> we'll be in providence, rhode island, to preview travel ahead of the thanksgiving holiday with the head of operations at peter pan bus lines. >>> but first, after nearly 12 hours of talks, eurozone finance ministers have failed in their quest to agree conditions that would have allowed the next chance of bailout cash going to greece. w
in the southwest, been in the u.s. since the was basically took half of mexico. and the new latino population which is foreign-born, 40% foreign-born, and the rest of the children of immigrants. very conservative. i know when asked about government they may give answers that are not extraordinary, but sometimes we get tangled, caught up with polls. resort have seen in this election cycle. and i think with latinos we cite polling with specific issues but is that a better understanding of where they're coming from you will get an understanding of why they're answering the questions that way. but i believe with the latino community, we lost the latino vote because of immigration. if we would have a better position on immigration, from the get-go, from the primary governor romney would've been competitive and it would've been competitive in those battleground states where the latino vote was decisive. and, finally, we have to stop being rockefeller republicans. we are not the party of the 47%. you know, when governor romney said what he did last week that obama won because it gives to latinos and other
of facebook. >> the average new facebook user is in india or indonesia or brazil right now. they're using a mobile phone primarily to access facebook because they have not had access to a broad band connection. in a lot of cases there is not an infrastructure media of communications you have in the u.s. and lot of americans will leave me and say facebook is great for gossiping and to see what my friends are in for lunch, but if you were to talk to somebody in the middle east, maybe, you would hear a different story -- facebook was providing access to news, people that had unique access to information that they were not able to get out otherwise. you get a much more meaty story about what facebook means to them. >> facebook engineer chris cox with an insider's view of the company -- thanksgiving day on c-span. at 2:00 -- 2:00, chief justice john roberts. later, space pioneers and nash at -- nasa officials pay amash to the first man to walk on the moon, neil armstrong. >> federer reserve chairman ben bernanke is in washington to negotiate a deal to avoid the so-called fiscal clef. well spea
of international efforts to mediate a truce between israel and hamas. u.s. secretary general ban ki moon is lending his support. >> my message is clear. all sides must avoid fire. further escalating the situation will put the entire region at risk. >> our leaders, he traveled to jerusalem with talks -- to talk with benjamin netanyahu. he condemned the attacks and the loss of civilian lives in gaza. netanyahu reiterated that they would be willing to are dissipate in a ceasefire but only if hamas immediately sees as the rocket attacks. >> the long-term solution to be put in place through diplomatic means and israel then would be a willing partner to such a solution, but if kroger military action through the necessary to stop the constant barrage of rockets, israel will not hesitate to do what is necessary to defend our people. >> there are signs that diplomatic efforts may be bearing fruit and mediators iran optimistic that a deal can be made to avert an israeli ground offensive. >> -- mediator's remained optimistic. >> what is the reaction to reports of a ceasefire? >> people don't really believe it
thanks to you. happy thanksgiving to all of you. join us on friday. that does it for us today. right now it's time for "squawk on the street." >>> you can have all the turkey you want tomorrow. good morning, welcome to "squawk on the street" i'm carl cramer is off today. some word the fiscal cliff negotiations are not getting off to a good start. moderate red arrows. european leaders failed to reach a bailout payment to greece and will try monday. road map starts on the busiest travel day of the year. there are signs it could be a big quarter for airline and travel, but traditional toys look weak. walmart may have protesters outside its doors on friday. >> deer misses earnings, and the market shrugs it off. >> turmoil in israel with a bomb explosion on board a bus today and a rumored cease-fire that never happened. crude is up $1 as the secretary of state has arrived in cairo. a big day full of planes, trains and automobiles with tens of millions of americans set to embark on their holiday weekend journeys. our phil lebeau is in chicago with more on the holiday travel landscape. how pain
to afghanistan is long-term, and you cannot wait us out. this is important. because al qaeda, the taliban and other associated forces under pressure in pakistan, continue to view the rugged terrain of northeastern afghanistan especially kunar province as a viable safe haven. a relentless and effective counterterrorism effort conducted by our special operation forces this year made clear we will not allow them to regain that sanctuary. as a result of prolonged military operations, al qaeda has been significantly weakened in afghanistan and pakistan. its most effective leaders are gone. its command and control have been degraded and its safe haven is shrinking. al qaeda's ability to carry out a large-scale attack on the united states has been seriously impacted. and as a result, america is safer from a 9/11-type attack. these gains are real. but it is important to point out that even with these gains, the threat from al qaeda has not been eliminated. we have slowed the primary cancer, but we know that the cancer is also spreading to other parts of the global body. two examples of that sprea
. you have been quoted as saying that there are very likely as many or more spies working against u.s. interests inside the u.s. during the cold war, which was a head snapping quote when i read it. who are these people and what are they after? >> i don't know that. i've been on the government for six years, but if you look at the value of intelligence, importance of intelligence in the expenditures of resources by china, by russia, but others and look for them is one of the biggest is. well it's the u.s. not only national security secrets, the commercial seats as be of much of can be gleaned or stolen from cyberspace. it is a dire threat in part because we shifted so much attention, so much resource and the counterterrorism arena we've forgotten the necessity of old-fashioned counterintelligence and that's an important element of this. >> often i've heard some people involved in counterintelligence tends to be seen as the redheaded stepchild of the intelligence world. why is that when we need it and what is the cure for a? effect in part because it's something we don't want to think a
markets closing at 1:00 p.m. eastern on friday. take a look at the u.s. equity futures. the dow is down by about 3 points. the s&p 500 is off by four. the nasdaq down by about 12. because of tomorrow's holiday, you do have the labor department coming out, releasing its weekly jobless claims numbers today. we get them a day early instead of a day late. also today we'll be getting weekly mortgage rates. and freddie mac will report on the weekly mortgage rate averages as well. >> let's talk about the top global market story this morning. it is greece's international lenders, which did not reach a deal, and now they won't be releasing that next bailout payment. nearly 12 hours of talks failed to reach a consensus. the imf and the central bank all going to gather again on monday to try again, but this is not necessarily good news at all. hostess brands will proceed with a plan to go out of business. the maker of twinkies says last-minute talks with the striking workers broke down yesterday, hearing with a bankruptcy judge set for 11:00 eastern time. then we have another string of bad news. >
and certification sufficient to prove the dog was reliable and include the use. second you have experts testify about whether what constitutes a good training program? >> not necessarily experts, but the officer that participated with the dog can testify as to what he and the ball went through to obtain the training certificate and certification. .. drugs will they weren't. what green -- white wooden bed trailer record to be adequate in that circumstance? >> that would be one of several shilling's that would make the training records adequate. also, we want to know whether there are destructors use in the field. however, i don't believe that the record supports -- and this is arguable the minutes training. all the state had for the initial training was deputy morris, a certificate, one certificate that said this dog was trained by the police department for 120 hours with deputy morris and another certificate saying that the stock was certified by narcotics certifications, again with deputy morrison of for one year. >> i guess what i'm asking you is, as a matter of law you want us to hold and th
, the yen is getting weaker and weaker. the flight to safety going to the euro dolla euro dollar and e u.s. dollar. let's wait and see how this plays out on monday, it ought to be very interesting. cheryl: it is never boring. let's go over to the nymex. tom, certainly not boring in the oil market in particular watching all of the news unfolding out of the middle east. how are you feeling? >> i'm glad it's wednesday, i'md i'm glad we are closed. up $1 on the open and gave it all back, ending up with a rally at the end of the day. you would see oil probably six or $7 cheaper. as long as there are problems in the middle east, you will see oil maintaining above $85. cheryl: $6 or $7 cheaper, why do you say that specifically? is their lack of demand, traditional winter driving season, what is it? >> it is a combination of them. we are driving even less than we normally do in the summer. i think also you will see the dollar strengthen as your previous guest said. the dollar will be a flight to safety, nfs gets stronger, oil should go lower. it'll be held up by the middle east. cheryl: thank you
time, 2:00 p.m. eastern time here in the u.s. the deal announced by the egyptian leader, mohamed morsi, and secretary of state hillary clinton. it was later confirmed by israeli president benjamin netanyahu. comes just hours after a bomb blew up on a bus in the heart of tel aviv. dozens were injured. so far no claim of responsibility but hamas called it a blessed event. within the last few hours, israeli air strikes continued in gaza. this is video of secondary explosions when an hamas weapons depot was hit. michelle caruso-cabrera, our chief foreign correspondent is watching reaction at the nyse. michelle? >> that pushed the dow to the highs of the session. the announcement of the cease-fire got us another 25 points. we have come off the highs, 12,839 is where the dow stands right now, higher by more than 50 points, .4%. president obama reportedly just spoke with israel's prime minister benjamin netanyahu. john harwood joins us now. john, what can you tell us? the white house had a lot at stake here by sending hillary clinton to try to get this resolved. >> reporter: absolutely. and t
." aren't you all excited about thanksgiving? >> yesp. >> with us on set we have msnbc and "time" magazine senior political analyst mark halperin and the -- >> what is that? >> what are you doing? >> i'm trying to use all the things available to me from starbucks. >> i wish you wouldn't. >> yeah. >> making stadium seating. >> we have the chairman of deutsch incorporated donnie deutsch. >> i love when i'm the grownup on the set. >> i broke my glass of wine. >> you did not look comfortable around the kitchen. >> i'm great in the kitchen. >> i'm guessing -- >> what? >> that was never your strong suit, just a guess. >> telling her two chefs what she wants and how she wants it done. >> when thomas roberts sees what you've done over there, he's going to be angry. >> why? >> you made a mess of the studio. >> there's wine all over the floor. >> can we get a shot of this wine. >> lewis was running off and you -- >> i needed him to leave. >> looked like a proct tolgs gone back. >> oh, well. >> you have to love "the new york post". >> a horrible picture of hamas dragging people through the street, ki
, it really wasn't. as a i talk, you can look at ten-year for every major developed economy. the u.s., the germans, the french, the u.k., the japanese. month to date, the patterns are almost all die dent call. with all these variables, elections, mideast, fiscal cliff, it seems as though there's only so much flight to safety bid you can push into the marketplace. some traders say that's why you didn't notice. in the old days, it would make a difference. yields are already most accommodative from a nervousness standpoint. i will tell you it was the number one conversation. and even though it really isn't about oil, that's the market everybody is trading to of course kind of play the headlines. >> michael, how about you? how does this impact the way you're allocating capital? >> well, as you know, our strategy is about 45% in cash while the prefunctory -- what we'll have left to boost us higher. i think the market does go higher. here's why. you have $85 billion each month from the federal reserve as far as balance sheet expansion. you have negative real interest rates that will be get
after all here today have. forgotten. fate looked down kindly on us when she chose neil to be the first to venture to another world. to have the opportunity to look back from space at the beauty of our own. it could have been another.ow it wasn't. it wasn't for a reason. no one, no one, but no one could have accepted the responsibility of his remarkable accomplishment with more dignity and more grace than neil armstrong. he embodied all that is good and all that is great about america. >>> more from the memorial service for neil armstrong thanksgiving day on c-span at 10 oom eastern and just before 11:30, a behind the scenes look at life as a teenager in the white house with susan ford baal and lyndon johnson rob, and after one, how scientists use game skills and theories to solve world problems. >>> a conversation with president obama's biographers after his re-election. hear from journalists ron suskind, author of "the confidence men: wall street, washington, and the education of a president." the atlantic, aspen institute, and the newseum hosted the forum. >> we have one titled "why
the personal portfolio management errors before they cost another dime for us. today we got two phenomenal examples of what could go wrong in banking. first we had hewlett-packard. if you are like me, i have both and hp pc and household printer. to finish at $11.71. best buy. the big box retailer, i have not once but twice done in the last six months. closed at $11.96. two household names that you may have been lured into only to have your hopes dashed. two unmitigated disasters. >> the house of pain. >> what went wrong? hewlett-packard was an accounting scandal. best buy was a hideous earnings shortfall. both seemed to shock investors. however, if you watch this show, you should never have been in these stocks. or you were betting against them. i told you that these companies were total dogs. this morning the company was acquired for $10 million and this was stunning news. if you own hewlett-packard you were in the crosshairs of two dictums. when you have accounting irregularities you have to sell sell sell. i kept a hand-written note, accounting irregularities equals sell. hewlett-packar
with shelters. >> we went down, inside the room, we were five of us and we closed the door and we waited for about eight or ten seconds, and then was the first fall. >> no one in the family was hurt, but the rocket attacks have killed five people in israel. he thinks the israeli forces will have to attack gaza to stop the rockets. >> doing something is something we have to do. not staying or waiting or trying or only talking. i think we should make it. >> the gaza strip in palestine suffered more serious damage. israeli attacks killed more than 130 civilians. this house was bombed by the israeli air strike on sunday. 11 people were killed. nine of them were women and children. >> translator: women and children were having a meal at home when the bomb hit. why did they have to be killed? the house was totally destroyed. it was a scene of carnage. >> reporter: the search continues for anyone who remains missing. the israeli military says people linked to hamas lived in the house. the attack was criticized because many civilians were killed. israelis have begun an investigation. a funeral w
this friday. this holiday week the unions are using their leverage, but they went too far with the twinkie. talks with the bakers union to keep the company alive have failed, hostess is it gone. bakeries closed, 18,500 jobs thereabouts gone. a terror attack inside israel. a bomb on a bus in tel aviv. ten injuries reported. secretary of state clinton is in jerusalem and she goes to cairo today. this is "varney & company," an all star, pre-holiday lineup. here we go.  >> top story. the unions are excertifying maximum pressure right now the at worst possible time. people want to shop and unions are making both difficult. sciu expects more than a thousand marches at los angeles international airport and say the company they work for, a contractor for the airport broke the union and took away health insurance and demonstrating. and protests planned at o'hare in chicago. a new company providing custodial services there, nonunion, protests. and a strike, and another one at the port in portland. and a huge protest planned at one thousand wal-mart stores on friday. workers angry about wages and
. given that public funds are so precious does the prime minister really think it was a good use of taxpayers' money to waste 1 hundred million pounds on a crime committee election? >> right across the country we're going to have local foreign order champions who will stand up and make sure we get a good deal from the police. i have noticed there are two criticisms of the police and crime commissioners. on the one hand they said this been too much money and on the other hand they said we did on spending of promoting it. i can have one criticism or the other but not both? >> the british government borrowed money at record low levels saying taxpayers billions of pounds. >> my friend makes a good point. because we have an incredible plan to get on top of debt and deficit, to show how we will pay our way in the world we have record low interest rates. low interest rates described by the shatter chancellor as a key test of economic credibility. >> ed miller band? >> can i start by joining the prime minister in paying tribute to walter berry of first battalion richmond of scotland. he
the that will track your use of your card, check your use of your numbers and pickup whenever there is a suspicious use and notify you. that is lifelike does. i think they're the best at it, but there are a number of other services. if you like one of them better, go get one of them, but you should be protected if you're going to do online purchases. you should be protected. tom: i know the way that woked against me. apparently some guy walked in and they said to make your buyyng tis. if youwant to sign up for our credit card right now will give you an extra 10 percent off. somehow they had might be. i started seeing all these notices that i wa applying for crit at all the stores had never been to before. tom: i was just in england and france for eight days. i got three alerts. three alights from lifelike. ms. hughes, that used. other wanted to know, was it me. guesstimate was me. then, if it wasn't me at pick it up right away, they would be able to track it and stop it with the first miss use, and that's how it works. tom: befor i let you go and have to ask you about romney bashing. you have repub
? >> aye. >> good luck. >> good luck. >> which brings us to item d, i'm going to butcher this name, i'm sorry, masae matsumoto, dba festa, do you want to come up and address the commission? >> welcome. >> so, it's a karaoke and cocktail lounge in the japan town mall. this permit application would allow them to have karaoke performances, this is a venue that has one stage so this is not a venue with multiple room karaoke and the granting of this permit would allow them to come into compliance, please don't hold it against them that they operated before without a permit once it came to their attention that they needed one, they came right in and have been cooperative throughout the application process, they've done extensive outreach to their neighboring businesses and even to the residents across the street which is not super necessary since it's in a mall and their entrance faces the interior of the space, there have been no communication tos the commission of opposition and sfpd northern station recommends approval of the application as well. . inger good evening, i'm not masae matsu
are there doing nothing, still they're the ones who helped get us into this mess. now they are back. let me ask you about one more thing. we keep hearing about companies like wal-mart paying dividends before the end of the year, realizing dividend taxes will go up, people can click ahead of time, same thing we are hearing about bonuses. it is easy to pay somebody their bonus december 25 of january 2 depending on the tax treatment. do you think that is going to impact gdp in the fourth quart quarter, that there is just a lot more cash realized, like mark peabody and we see a decline in the first quarter because of that, or not? >> the pull forward effects. that is something that is a risk, although quite honestly us economists have been marking down our fourth quarter gdp numbers, we're only now looking for growth at about 1.5% in the fourth quarter. the other thing to keep in mind is how much of that money would actually be spent, depends on how consumers are feeling. if they are feeling nervous, the equity market is really under pressure because it's getting toward the end of the year and we h
Search Results 0 to 29 of about 30 (some duplicates have been removed)

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